
Mixed-Use Land for Sale in Northfield, Minnesota
Division St S, Northfield, MN 55057
Exceptional Development Opportunity in the Heart of Northfield
This is a rare chance to acquire one of the last prime in-fill acreage properties within the Northfield city limits. Offering a beautiful blend of mature hardwood trees, wetlands, and seasonal wildlife, this site provides a unique natural setting while remaining centrally located and highly accessible.
The property’s current N2-B zoning allows for a wide range of potential uses, making it well-suited for residential, mixed-use, or neighborhood commercial development. Possible concepts include apartment buildings, age-targeted or market-rate housing, townhome or villa-style residences, and select commercial or retail uses, subject to city approvals.
Located on the south side of Northfield along Division Street, between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street.
Zoning supports multiple residential and commercial options, allowing buyers to tailor a project that fits community needs and market demand.
The City of Northfield may offer Tax Increment Financing (TIF) for qualifying developments, potentially enhancing project feasibility. Buyers should confirm details directly with the City.
Seller financing is available, offering additional flexibility for qualified buyers.
Location
- Street address
- Division St S
- County
- Rice County
- Community
- Lot A of Festler Sub
- Elevation
- 966 feet
Directions
I-35 to MN 19 to Lonsdale Blvd to Division St
Property details
- Acreage
- 11.7 acres
- MLS #
- RMLS 7042035
- Posted
Property taxes
- 2024
- $2,025
Parcels
- 2206351008
Legal description
FESTLER SUBD #5 OUTLOT A
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 24, 2026 | New listing | $1,875,000 | — | RMLS |






